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23, 25, 27, 29 Mont Carmel Road Wellington, Prince Edward Island C0B 2E0

Wall Mounted Heat Pump, In Floor Heating

$795,000

An incredible opportunity awaits with this well-maintained four-unit property located on Mont Carmel Road in the heart of Wellington, Prince Edward Island. Offering the perfect combination of homeownership and investment potential, you can live comfortably in one unit while generating rental income from the other three. A smart way to offset your mortgage while building long-term wealth. Each of the four units features a functional 2-bedroom, 1-bathroom layout, complete with its own heated single-car garage and paved driveway, providing comfort, convenience, and privacy for both owners and tenants. These thoughtfully designed units offer low-maintenance living and strong rental appeal, making this an excellent addition to any investment portfolio. Ideally situated within walking distance of Wellington's many conveniences, you'll enjoy easy access to the Co-op grocery store, Credit Union, Access PEI, PEI Liquor, Esso, and the scenic Confederation Trail. Just a 5-minute drive away, Abram Village offers even more community amenities, including the recreation center/hockey arena, and a fully equipped fitness center. And only a 20-minute drive to your nearest city of Summerside. Whether you're looking to expand your investment portfolio, live in one unit while the others help pay your mortgage, or add a quality income-producing property to your holdings, opportunities like this are rare. Combining excellent cash-flow potential with an unbeatable location and desirable unit features, this fourplex is an exceptional opportunity you won't want to miss. (id:11866)

Property Details

MLS® Number 202618795
Property Type Multi-family
Community Name Wellington
Amenities Near By Park, Recreation
Community Features School Bus
Equipment Type None
Rental Equipment Type None
Structure Patio(s)

Building

Amenities Laundry Facility
Appliances Range - Electric, Dishwasher, Washer/dryer Combo, Microwave, Refrigerator
Basement Type None
Constructed Date 2011
Exterior Finish Vinyl
Flooring Type Laminate, Vinyl
Foundation Type Poured Concrete, Concrete Slab
Heating Fuel Electric
Heating Type Wall Mounted Heat Pump, In Floor Heating
Stories Total 1
Type Fourplex
Utility Water Shared Well, Well

Parking

Parking Space(s)
Shared

Land

Acreage No
Land Amenities Park, Recreation
Sewer Municipal Sewage System
Size Irregular 0.96
Size Total 0.96 Ac|1/2 - 1 Acre
Size Total Text 0.96 Ac|1/2 - 1 Acre
Zoning Type Multi-family

https://www.realtor.ca/real-estate/30084811/23-25-27-29-mont-carmel-road-wellington-wellington

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Elite Real Estate Advisors Inc.
18 Queen Street
Charlottetown, Prince Edward Island C1A 4A1

(902) 314-1761
https://www.elitepei.com/